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collection act because it is going to make online businesses the tax collectors for the nation. and as the "wall street journal" pointed out in an editorial today called "the internet sales tax rush," it actually puts brick and mortar, puts the internet businesses at a disadvantage to brick and mortar businesses in terms of requiring -- making requirements on online businesses to collect taxes for transactions that the online businesses would not have to. and for a state like mine of new hampshire where we do not have a sales tax, this is also particularly onerous and really tramples on the decision that new hampshire has made to not have a sales tax. but most importantly, where we stand right now with the -- with the bill pending on the floor, you know, so many times there is so much around here that happens that does not go through regular order, and yet we have been talking on both sides of the aisle how important it is that when we have a major piece of legislation, which certainly this is, that we must go through regular order and that you just heard from the chairman of t
have a worry about the consumer and tax refunds will start coming now. credit conditions support employment and certainly consumer staples look very expensive. >> what about utilities up 19% so far this year? utilities are up 16% and health care up 19%. is your money safe in there? will they continue to hold up? >> we've been overweight utilities so i'm not going to be too uncomfortable with that and that's improvement with natural gas prices and in health care it's been very much about dividends and that we saw reimbursement rates that were supposed to be cut recallier this year, and i think it's too late to be on the healthcare bandwagon. >> sectors like materials which have not been with the rally and do you think some of the underperforming sectors will catch up? >> we are worried about materials still and we have to be careful in the u.s., chemicals are 20% metals and mining and look at the s&p 500 materials sector. europe is a big problem for chemical companies and even though they have shale gas as a feed stock, the problem is 20%, 25% of their business is probably going t
it and forget it >> welcome back to the kron 4 morning news. the story i'm falling out of washington. tax-free shopping on the internet could be over under a bill making its way through the senate. the bill would require online retailer to collect data local taxes for purchases made over the internet. the sales taxes would be sent to the state where the shopper lives. >> under current law, states can only record store to collect sales taxes if the store has a physical presence in the state. as a result, many on-line cells essentially tax-free. even though you are supposed to declare those items on your state tax returns and pay the sales tax. very few americans do. the senate voted 74 to 20 as today to take up the bill. with the level of support, the senate to pass the bill as early as this week. >> >> we will take a break is 511 back with more in a moment. when we come back we will the full text of forecast. here's a look at san jose. the ride on 101 looking okay. temperatures outsider pretty good. 54 in san jose looking for near a [ male announcer ] fact: the 100% electric nissan leaf..
. >> yeah, it has, which is good because that may counteract the effects of the payroll tax high. what about gold? let's check the commodities like gold, the ten-year. down about 7%. 7 bucks to $1414. there's been a bit of a move in sort of the euro. we want to keep an eye on that. there's your currency chart here in the ten-year treasury note. we talk about home sales. you always want to watch the ten-year treasury note. the yield right now is at 1 o.66. in corporate news this morning, japan says final permission to resume flights on boeing's dreamliner, it may come as early as thursday. that's earlier than expected. yesterday, boeing's engineers began install b reinforced lithium ion batteries on all nippon airways jets. some investment banks that have been looking to sell businesses with liquid assets in order to appease regulators and bolster balance sheets. credit suisse cited the rule last summer as a reason for exploring that sale. also, a u.s. trade panel has ruled apple didn't violate a google patent to make the iphone. if it had been found guilty, the tech giant's popular devices c
of this tragedy and the heroes right after this break. welcnew york state, where cutting taxes for families and businesses is our business. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com for those nights when it's more than a bad dream, be ready. for the times you need to double-check the temperature on the thermometer, be ready. for high fever, nothing works faster or lasts longer. be ready with children's motrin. plays a key role throughout our lives. one a day women's 50+ is a complete multivitamin designed for women's health concerns as we age. it has 7 antioxidants to support cell health. >>> the stories of the community coming together are helping boston and the rest of us deal with this tragedy. case in point, kevin cullen gotten e-mail from his nephew servi
. that's next. we've reduced taxes and lowered costs to save businesses more than two billion dollars to grow jobs, cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com by the armful? by the barrelful? the carful? how about...by the bowlful? campbell's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. >>> politics may have taken a backseat since the tragedy in boston on monday, but congress is moving forward on guns and immigration. votes are scheduled to take place on background checks and eight other amendments to the gun safety reform bill. yesterday the senate as so-called gang of eight ruled out the immigration bill, but reply cass divisions on capitol hill remain stark. gun safety advocates are now in a disparate scramible. this morning senator joe manchin, the amendment's co-sponsor told nbc
the last couple of months. >> there are good articles in the papers today about how the tax receipts were better than expected so far, and the money back out for your refund, much lower than expected and that could be a dollar issue. i know family dollar flagged that, and the ceo of pvh came on "mad money" and said, it was 20 degrees too cold so we had the -- all of the stores had the wrong merchandise and they had the so-called cruisewear. it was obviously a multi-factor issue and it was not just one thing that says target was bad. walmart was not bad and a very good note. costco, and i'm -- i thought that was interesting. surrounded by costco and walmart. you know those cultures are not weather cultures. >> yeah. ubs initiates with a buy on those two and a neutral on target, but someone pointed out the sales trend on target, jim, from the past four quarters has gone from 5-3, 2-9, .4 and now they're looking flat. >> they're not a jc penney beneficiary and walmart is not very renewed in its tenacious way to take on target and underneath the dollar generals. i know people don't associate
places in europe, it's contracting. and in the united states, we have a tax code that is not designed to incent investment, which produces jobs and gdp growth, and hopefully we'll change that soon. >> international priority shipping saw a decline in what you charge per package to ship. what does that tell you about the global economy outside of the u.s.? >> well, i think what people are doing with the price of fuel, and this goes to larry fink's remarks a few moments ago, about the prospects for mexico, as it costs more to move goods, off a the price of fuel, they make price service trade downs, so our economy shipping was growing quite nicely. we simply have to adjust capacity and got a little out of phase with that. but it's not by accident that, again, referencing what larry said a couple years ago, we bought a wonderful company in mexico, which is now a big part of the fedex portfolio, because we believe there's be a lot of near shoring and the nafta trades will be quite strong. >> yeah, i am loving this mexico story. you're investing in mexico as well, really interesting. fred, l
different extremist groups. there is a lot of public source information about demonstrations on taxes, on, on a number of other issues that are, hot button issues for extremist groups who don't like either what the government is doing or what the government represents. >> very interesting. >> so. >> tax day/patriots day. and history of domestic terrorism. . >> invasion on cuba happened on the 17th of april in 1961, bay of pigs. and wacco, all the branch davidians, started in february, april 19th. if you are a conspiracy theorist. here is one for you. >> something everybody has to check out. no doubt about it. part b medical expenses. of your the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and save you up to thousands of dollars in out-of-pocket costs. call today to request a free decision guide to help you better understand what medicare is all about. and which aarp medicare supplement plan works best for you. with t
jobs, but where you will see it is with higher taxes elsewhere, which will shed jobs. john: each green job cost $175,000 each per job? >> if you really want jobs, you can make an argument in a crisis to subsidize jobs in the short run. you can get many more jobs if you focused on infrastructure or hospitals or other things where you would create a lot of great benefits and more jobs. john: you dispute this using wind power to create the same amount as nuclear plants are you in need to cover the state of rhode island. >> wind turbines are much less efficient partly because they take up a lot of space. john: and they're more efficient than the solar. >> they only work about one fourth of the time. you have to build a lot of backup power. the fuel is free, so potentially we could get to a situation where we are beneficial. but we are not there yet. john: but we are spending like we are. >> a lot of people, global warming, we have to do something now. actually global warming, we have to find smart ways to make sure we can get everybody on board, not just rich, but we can find technology th
be another one of those. but you have had the payroll tax increase go into effect. you've had sequestration go into effect. you have no growth in people's incomes. that was the more disappointing numbers out of the last unemployment insurance report. and if people don't have money, they can't spend money. and finally, we're being affected in the slowdown in europe in particular and the slowdown in the emerging markets. our export growth has fallen to about zero at the moment because there isn't demand overseas for our products. so it feels like a little bit of a soft spot, but we'll see. >> how much of this is consumer confidence, do you think? >> consumer confidence definitely plays a role. but consumers right now don't have the money to spend. and if they went out and spent, they'd be borrowing money. i don't think -- i think it's a more fundamental problem in a way than consumer confidence. >> steve, my long wait yesterday trying to get up to new york, in the lounge was tim geithner waiting for the flight, as well. i asked him, we're seeing these good signs in the economy, how much of it
doing the same thing. one guy, a young guy playing a lovely alto tax, walking up the street playing over the rainbow and great jazz standards. that was the attitude. the best way to give it, boston gives -- we gave the middle thinger to those guys whoever they are. we refuse to change. >> thank you both very much for joining me. >> thanks. >> coming next, love conquers hate. a couple married shortly after running the boston marathon. ♪ constipated? yeah. mm. some laxatives like dulcolax can cause cramps. but phillips' caplets don't. they have magnesium. for effective relief of occasional constipation. thanks. [ phillips' lady ] live the regular life. phillips'. since aflac is helping with his expenses while he can't work, he can focus on his recovery. he doesn't have to worry so much about his mortgage, groceries, or even gas bills. kick! kick... feel it! feel it! feel it! nice work! ♪ you got it! you got it! yes! aflac's gonna help take care of his expenses. and us...we're gonna get him back in fighting shape. ♪ [ male announcer ] see what's happening behind the scenes at duckther
the same thing. one guy, a young guy playing a lovely alto tax, walking up the street playing over the rainbow and great jazz standards. that was the attitude. the best way to give it, boston gives -- we gave the middle finger to those guys whoever they are. we refuse to change. >> thank you both very much for joining me. >> thanks. >> coming next, love conquers hate. a couple married shortly after running the boston marathon. [ male announcer ] this is joe woods' first day of work. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. >>> the horror in boston changed lives and ended lives. in the face of evil, an extraordinary story of hope and love being told by kelly johnson jon u
she brought the tax rate from 83 to 40% and dealt with the labor problem as katty said and she made enormous progress. and, by the way, everyone who blames her for the crisis in 2008, you know, in between margaret thatcher and 2008 there were three or four british prime ministers and then now david cameron. none of them reversed the system. as someone said a minute ago, everybody bought into the system and i think -- so i think her legacy is incredibly positive. the last point i would make she had the right idea about europe and why britain should fit into europe. >> she was right about britain. all these years later it cost her her job but she was right about europe. >> we will be following the funeral service under way right now throughout the morning. martin bashir, thank you. we will see you at 3:00 eastern time on msnbc. >> thank you, martin. appreciate it. >>> coming up next, the gun background check bill is on shaky ground as it heads to a vote today in the senate. will it break down its chances of passing? next. you're watching "morning joe," brewed by starbucks. at tyco int
. they are more worried about the impact on the economy and payroll taxes january 1. connell: let's bring just jeff and from raymond james. let's follow up on what peter is reporting on and the financial markets both yesterday and today. even without what happened in boston yesterday was setting up to be a remarkable day. stocks were down. gold was selling off. there were further jitters after what happened in the afternoon, obviously. >> it reminded me very much of the hunt silver corner. when it finally, when the fever finally broke on october 7, excuse me, january 7 of 1980, you had a hard move on silver just like you did on gold on friday. they try to hold the markets together. the margin calls went out. people had to start selling their commodity positions. i do not know if they play that way here or not, but it has had a heart attack on the market and heart attack patients do not get right off the gurney and run a 100-yard. connell: if it bounces back up, is it in your view over at this point and the second part, what, if any, to the impacts of the bombing have? >> the bombings in boston
it iwith higher taxes elsewhere, which will shed jobs. john: each green job cost $175,000 each per job? >> if you really want jobs, you can make an argument in a crisis toubsidize jobs in the short run. you can get many more jobs if you focused on infrastructe or hospitals or other things where you would create a lot of great benefits and more jobs. john: you dispute this using wind power tcreate the same amount as nuclear plants are you in need to cover the state of rhode island. >> wind turbines are much less efficient partly because they take up a lot of space. john: and they're more efficient than the solar. >> they only work aboutne fourth of the time. you have to build a lot of backup power. the fuel is free, so potentially we couldet to a stuation where we are beneficial. but we are not there yet. john: but we are spending like we are. >> a lot of people, global warming, we have to do something now. actually global warng, we have to find smart ways to make sure we can get everybody on board, not just rich, but we can find technology that will be so cheap the chinese and the indi
to remember we have a lot of headwinds we're dealing with from the sequester, one, to the tax increase, at the payroll tax. so, these issues we have to get through. i don't think they're major but they are headwinds. now we've got a lot of people thinking about what happened last year. down 3% in the second quarter. people wanted to buy in the market started to dip. wait a minute. this may be more significant. the fact of matter, as he have yesterday, 7% of the companies that reported earnings beat estimates. whether the estimates were poor estimate, weak estimates. the fact of the matter as long as data remains relatively, weak, not strong, muddled through the fed will be a long way as way from ending its quantitative easing. the other thing we havv to pay attention to which i think gives us a lot of upside potential is that what's happening in japan is nothing less than significant. and we need to pay attention to the yen. tracy: so let's first finish with the united states because i know you are hot on the yen. you've talked about it last time you were here. that means based on what
. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. the battle of bataan, 1942. [ all ] fort benning, georgia, in 1999. [ male announcer ] usaa auto insurance is often handed down from generation to generation because it offers a superior level of protection and because usaa's commitment to serve the military, veterans, and their families is without equal. begin your legacy. get an auto-insurance quote. usaa. we know what it means to serve. [ shapiro ] at legalzoom, you can take care of virtually all your important legal matters in just minutes. protect your family... and launch your dreams. at legalzoom.com we put the law on your side. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restauran
. >> investigators and taxes have not determined a cause of the explosion that killed 14 people including 10 first responders and a fertilizer plant in west texas. investigators say they pinpointed where the blast originated. the mpeg damaged or destroyed dozens of homes and businesses leaving hundreds of people homeless and in need of help. authorities have also released 91 tapes that captured the initial panic after the fire and massive blast. >> there was some type of explosion and our house, all of the windows are completely blocked and. the walls, part of it is blown off. >>, down and take a deep breath. we are aware of the situation and we are sending people out there as soon as we can. >> city leaders allowed some residents to return to their homes are the weekend but they still face strict curfews. fire officials will hold a memorial service at baylor university on thursday and honor of the volunteer firefighters who died. >> the boy scouts of america are proposing to partially lift its longtime ban on homosexuals. this proposal comes after weeks of private deliberation between the organiz
happened in waco. one more quick note about the timing. yesterday was tax day for everyone in this country but here in boston it was patriots day which commemorates the battles of lexington and concord, the start of the u.s. revolutionary war. big day not only for the country but boston. >> what was supposed to be a celebration turned out differently. let's go back to new york and savannah. >> matt on monday evening president obama spoke about this tragedy offering his thoughts and prayers to the city and vowing justice to those involved. i happened to sit down with him shortly before these explosions and we talked about a number of things in the headlines. we began with the gun legislation before congress that many say is now hanging by a thread. >> i think we've got a good chance of seeing it pass if members of congress are listening to the american people so let's just take the example of background checks. 90% of americans think that we should make it tougher for criminals or people with serious mental illnesses to obtain a gun, and so the notion that congress would defy the overwhelmi
price dropped 11 cents over the last two weeks. >>> the senate could allow states to tax internet purchases adding $11 billion to state coffers and wall street gets back to work after the dow's worst weekly decline since june. back to you. >> mary, thanks. >>> in great britain, the duchess of cambridge, kate middleton appeared in public on sunday with her pregnancy more evident than ever. she stood in for queen elizabeth at a review of scouts while the queen celebrated her 87th birthday in private. the duchess and prince william are expecting the first child this summer. for those who are on royal baby bump watch -- if you have been living under a rock, did you know. >> when you said her name i perked up and i wanted to see bump. >> she looks beautiful. >> certainly does. >> mr. roker has more on the midwest flooding an the local forecast. >> not a lot of good news for friends in the midwest and winter won't let go. we have a funnel system. behind it a lot of cold air and snow for the upper midwest and the plains. ahead of it, a lot of wet weather. we are looking from sheridan up
Search Results 0 to 23 of about 24 (some duplicates have been removed)